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RE: Steem Dollars or Steem Power? Which is Best?

in #steem7 years ago

Hey @rangertx 👍 Do you know why the conversion between SBD and SP became so unfavorable recently? I have some sbd but waiting better times for changing them in Sp as for now blocktrades gives 1/0.83 .. some weeks ago It was 1/1.10.. I donnow what to do, hope it won't go even worse..

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Bitcoin is in the middle of a huge correction which usually causes everything to drop with it. Once Bitcoin settles down, you will most likely see Steem, SBD and the other altcoins go up as well.

thank you! I am just trying to spot the right moment when to exchange my SBD to SP.. one month ago the SBD skyrocketed ..that was a good moment but I was dry ;-)